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  2. Secured vs. unsecured business line of credit - AOL

    www.aol.com/finance/secured-vs-unsecured...

    Secured lines of credit require collateral. ... Since the loan is secured with collateral equal to the loan’s value, lenders are more likely to approve borrowers with poor or fair credit.

  3. Types of business lines of credit - AOL

    www.aol.com/finance/types-business-lines-credit...

    Secured business lines of credit. The first type of business line of credit is a secured credit line, which requires. When you secure a loan or line of credit, the lender places a lien on the ...

  4. What is a business line of credit and how does it work? - AOL

    www.aol.com/finance/business-line-credit-does...

    A secured line of credit generally includes collateral, such as cash, investments or real estate. The benefit of providing collateral is generally more favorable loan terms and a lower interest rate.

  5. Line of credit - Wikipedia

    en.wikipedia.org/wiki/Line_of_credit

    A business line of credit can be unsecured or secured (typically, by inventory, receivables or other collateral). Lines of credit are often referred to as revolving and can be tapped into repeatedly. For instance, if there is access to a $60,000 line of credit and $30,000 is taken out, access to the remaining $30,000, if necessary, remains.

  6. Is a small business loan secured or unsecured? - AOL

    www.aol.com/finance/small-business-loan-secured...

    Secured business loans require collateral to back the loan. ... Examples of unsecured business loans include term loans, business lines of credit and merchant cash advances. Pros.

  7. Home equity line of credit - Wikipedia

    en.wikipedia.org/wiki/Home_equity_line_of_credit

    A home equity line of credit, or HELOC (/ˈhiːˌlɒk/ HEE-lok), is a revolving type of secured loan in which the lender agrees to lend a maximum amount within an agreed period (called a term), where the collateral is the borrower's property (akin to a second mortgage).

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